Senior Engineer – Grid Integration and Stability Updated On Fri, May 24th, 2024 by Saurenergy Consulting Services a part of GE Vernova, has offices in multiple countries and offers our global clients (external & internal GE) a wide range of solutions across the entire spectrum of power generation, delivery, and utilization. Our Power Systems Engineering team utilizes their deep knowledge of connected power grid planning, design, operation, and life-cycle management, […] Read more
Land Issues Slowing Down RE Projects In South Asia: Bloomberg Updated On Thu, May 23rd, 2024 by Saurenergy According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […] Read more
Maharashtra Plans Allowing Virtual Net-Metering To Boost RTS Updated On Thu, May 23rd, 2024 by Saurenergy In a bid to promote rooftop solar installations, the Maharashtra Electricity Regulatory Commission (MERC) has proposed to allow virtual net-metering for residential consumers. The move is meant to empower the urban residents living in multistoried buildings to get the benefits of reducing the monthly electricity bills by adopting solar power through virtual net-meters. The same […] Read more
Are Green Stocks Struggling To Meet High Expectations Updated On Tue, May 21st, 2024 by Saurenergy On a day when heatwaves across the country and soaring power demand indicates a hot summer ahead, the focus was clearly on coal stocks, and not green energy stocks today. Consider how despite a dropping share of generation capacity, thermal’s share of actual generation has only been climbing, with power plants set to enjoy their […] Read more
Wind Capex To More Than Double To Rs 1.8 lakh Crore By Fiscal 2028 Updated On Tue, May 21st, 2024 by Saurenergy CRISIL Ratings recently announced that, the wind capacity addition is expected to witness to rise 2.5x on auction ramp-up and easing supply side constraints. The research agency anticipates an increase in India’s wind capacity addition with an increase by 2.5 times to nearly 25 GW between fiscals 2025 and 2028. This is an increase compared […] Read more
Sungrow, L&T In Deal For 165 MW PV Inverters, 760MWh Storage Systems In Saudi Updated On Tue, May 21st, 2024 by Saurenergy Sungrow, the global leading PV inverter and energy storage system provider, has forged a strategic partnership with Larsen & Toubro to supply 165MW PV inverters and 160MW/760MWh energy storage systems for AMAALA, a prestigious destination in Saudi Arabia. This collaboration aligns with Saudi Arabia’s Vision 2030 and China’s Belt and Road Initiative. This flagship project is developed and led […] Read more
EV Car Sales In India Reached 1Mn With 70% YoY Growth Updated On Tue, May 21st, 2024 by Saurenergy International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […] Read more
GUVNL Issues List of Tenderable PHP Sites With 14 GW Capacity Updated On Tue, May 21st, 2024 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now issued the list of 16 reserved Pumped Hydro Storage Project (PHP) Sites. The state power utility said that these 16 PHP sites could be allocated under the competitive bidding process for the benefit of state public discoms. The total potential of PHPs from all the 16 […] Read more
MNRE Issues Clarification On ALMM Implementation Timeline Updated On Tue, May 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now come out with a notification to allay apprehensions of solar project developers towards the timeline of the implementation of the ALMM scheme. Through the notification, the MNRE sought to clarify on the applicability of the scheme since the date of submissions of bids for government […] Read more